Odoo ERP: Core Features, Pricing, And How To Get Started

We'll delve into Odoo's core features, Odoo's pricing packs, and their impacts on your operations. You'll also learn how to start with Odoo, whether or not you need Odoo partners and the key stages of its implementation

SYDNEY, Jan. 20, 2025 /PRNewswire-PRWeb/ -- New to Odoo ERP? In this article, we'll delve straight into Odoo's essential features, Odoo's pricing packs, and their impacts on business operations. You'll also learn how to begin using Odoo, whether or not you need Odoo partners, as well as get informed about the key stages of an implementation journey.

Now, let's find out what Odoo brings to the table.

What Is Odoo ERP?

Odoo is a comprehensive collection of business apps designed to automate and optimise various processes within your company. These applications integrate well with various business operations, including inventory, manufacturing, purchasing, point of sale, sales, accounting, HRM, CRM, and more.

• Centralised data management: Odoo's fully integrated applications seamlessly connect business functions and enable a smooth flow of data across operations. This avoids data duplication and enables real-time data updates.
• Automation & time efficiency: Odoo can minimise time-consuming and error-prone activities such as data entry and order processing. This means that organisations can reduce or automate numerous administrative tasks previously managed manually by employees.
• Cost-effective & scalable: Odoo is cost-effective, modular and adaptable because of its open-source architecture. The system enables users to start with only essential applications, customise the features, and add new apps when the business grows.

Odoo Core Apps & Features

Odoo offers a collection of business applications that solve various tasks within a central platform. The core apps cover from sales and marketing, customer relationship management, accounting, and human resources, to inventory management and manufacturing.

• Sales & Customer Relationship Management: Sales and CRM applications in Odoo are used for sales and customer relationship management. Using Odoo Sales and CRM helps automate quotations, streamlines lead assignment and sales activity scheduling. The system provides clear visibility of sales prospects, real-time sales predictions and auto follow-up based on customer interaction.
• Inventory Management & Manufacturing: Odoo Inventory and Manufacturing apps help businesses take control over the supply flow and product manufacturing. These apps enhance the management of inventory levels and manufacturing procedures with real-time inventory tracking, automated routing, demand forecasting, and BOMs features. This helps businesses cut down on wastage, avoid running out of stock and optimise the supply chain.
• Purchase & Vendor Management: Odoo Purchase apps enable users to effectively manage the procurement process by automating the purchase orders and providing vendors' performance insights. Robust features include requests for quotation (RFQs), vendor price list management, and product/order status real-time tracking. This allows companies to optimise their supply chain and manage relationships with their vendors better.
• Accounting & Finance Control: The Odoo Accounting app is designed to integrate financial operations and multiple currencies, make automatic payments, and enable real-time balance sheets. The financial data is efficiently managed and documented, enabling the business to control its spending and gain more strategic analyses of the company's financial status.
• Human Resources Management: Odoo HRM apps such as Employees, Recruitment, or Time Off can be used to manage employee data, recruitment, payroll management, and more. These apps also automate other key administration processes and human capital management activities such as leave request processes, expense claims and performance appraisals.
• Website & E-commerce: These apps help in creating websites, selling products online, and managing e-stores. Some of the robust features are the use of artificial intelligence in Website building and product inventory as well as quick integration with payment solutions. This is a huge benefit for companies looking to expand their online portfolios.

Odoo Pricing - How Much Does It Cost?

Odoo offers flexible pricing options for businesses, with two main editions: Odoo Community and Odoo Enterprise.

1. Odoo Community Edition

The Odoo Community edition is a fully free version of Odoo and can only contain essential apps such as Invoicing, Expenses, CRM, Sales, E-commerce, Inventory, Manufacturing, and more. Although this edition covers various business processes, it does not have as many advanced features as the Odoo Enterprise edition.

2. Odoo Enterprise Version

Odoo Enterprise edition offers three pricing plans:

• One App Free: This plan allows one app with unlimited users for free. If other apps must be integrated with it, they can also be offered for free (e.g., the E-commerce app requires Website and Invoicing apps, so these three are included for free in this plan). This perfectly suits small businesses (e.g., a newly opened online shop) or individuals with initial needs, such as automating a single invoicing process.
• Standard: The Standard plan includes multiple applications and basic customisation capabilities. This can be ideal for growing organisations that require key processes such as sales, inventory and accounting without complicated processes and extensive modifications.
• Custom: This plan includes advanced customisation features such as API integration, Custom Workflows and multiple companies in one database. This option is designed for mid-tier businesses and above that have niche requirements and require integration with third parties or multiple business entities.

In the paid plans, you can experience additional perks such as frequent software updates, security issues support, tailored professional support, mobile compatibility, and hosted services.

All things considered, Odoo provides a free plan that is suitable for trials. Paid plans, on the contrary, offer more advanced capabilities and they are customisable to fit companies of various sizes. As Odoo's prices may change over time, please visit the official Odoo website for the most accurate and current pricing information.

Do You Need Odoo Partners?

Is it necessary to work with Odoo Partners?

Odoo Partners are professionals who are certified by Odoo to deploy, install, modify and maintain the quality of Odoo solutions in your business processes. Your in-house IT team may be able to manage basic settings, but initial consultations with these partners help to avoid project failure due to complex operational issues beyond technical requirements. They provide targeted services and specific resolutions for any Odoo projects. Overall, working with an Odoo Partner can be beneficial to get the full potential of the platform while optimising the processes of deployment.

What to consider when choosing Odoo Partners?

When choosing Odoo Partners, consider these key factors:

• Implementation methodology: Search for those with a proven implementation approach to reduce risks and costs. They should provide expert consultations or perform process analyses to check if Odoo meets your business requirements properly.
• Expertise: Choose an Odoo Partner who is familiar and experienced with projects similar to yours.
• Localisation: This is particularly important if the support must be executed on-site, so the partner you select has the appropriate local address.
• Total cost: Measure the overall expenses of having the project done across the available partners and their recurring expenses.
• Intellectual property: Ensure the ownership of any custom code before you switch/change your partners in the future.
• Custom & ongoing maintenance: Seek a partner with a plan or strategy for custom developments, upgrading costs and long-term support to facilitate your business growth.
• Human fit: Since different organisations often interact on the project's implementation, it is crucial to manage the communication and cultural differences between your team and the partner.

About Havi Technology - We're an Official Odoo Partner in Australia

Havi Technology is a trusted local Odoo Partner in Australia. We're incredibly proud to hold JASANZ accredited certification for the internationally recognised ISO 9001:2015 Quality Management System Standard in ERP designing, implementations, training, and support. We value providing clear, organisational solutions so that our clients get the most out of working with Odoo while we maintain its upkeep so as not to disrupt operations.

Our team maximise your Odoo system with custom and local integration capabilities like Domestic & International Shipping, Single Touch Payroll, Accounting & localisation, 3PL, EDI Integration and more. Please do not hesitate to get in touch with us for any questions you might have, as well as, tips on how to further customise Odoo to meet your specific business needs.

Odoo ERP - Frequently Asked Questions

1. What is Odoo's total cost of ownership (TCO)?

Odoo's total cost of ownership comprises the cost of license, implementation, hosting and support:

• Licensing: Pricing is based on the number of users, your business location, and your chosen subscription tier. Available plans start from a single-app free plan to customised paid plans.
• Implementation: Costs include configuration, data transfer, customisation, and user training, based on your implementation project's scale and duration.
• Hosting: Three key hosting options are available. Odoo Online (which offers limited customisation), Odoo.sh (which provides customisable infrastructure), and On-Premise (which allows maximum flexibility). Prices also depend on traffic and storage required.
• Support & Upgrade: Costs depend on the support level - ranging from basic troubleshooting to tailored solutions based on your Service Level Agreement (SLA) and system upgrade requirements.

2. How do I know if Odoo apps fit my business scenario?

To see if Odoo may benefit or not your company, effectively analyse your needs and assess your business processes as well as pain points. Odoo offers Sales, Inventory, Accounting, CRM, and other specific solutions that allow any business to start with a single module and expand. It is customisable and can adapt to specific operations in different industries.

For a personalised consultation, you can schedule a demo with Havi Technology. Our team will introduce you to Odoo's functionalities, explain its key strengths, and draw out possible ways of customising Odoo and implementing it based on your needs. This is to whether or not decide if Odoo is the right software for your business.

3. What are the key stages of implementing Odoo?

The 8 key stages of implementing Odoo include:

• Requirement Analysis: Roadmap your business needs, determine the Odoo project objectives and define business functions where Odoo plays into.
• Partner Selection & Planning: Select a certified local Odoo Partner and get support to develop a precise strategy on timelines and costs.
• System Design & Configuration: Develop or customise apps, configure your specific workflows and set up system parameters based on business processes.
• Data Migration: Accurately gather, clean and transfer data into Odoo.
• Testing: Carry out extensive system testing to address any problems before going live.
• User Training: Instruct your team on how to use Odoo to ensure that the new system does not interrupt current business workflows.
• Go-Live & Deployment: Deploy the system and follow its progress to make sure that everything is running smoothly.
• Post-Implementation Support: Manage issues, enhance features, and plan for future development.

Media Contact

Havi Technology, Havi Technology, 61 1300696366, [email protected], https://havi.com.au/

SOURCE Havi Technology